This 5.69 acre Palm River townhome development site consists of 5 parcels and stretches street to street (51st to 52nd) for over 700 ft along Palm River Road. The site is almost completely cleared and shadows several newer high-end homes that have recently been constructed along the Palm River's edge. With a prior PD site plan approved, the purchaser will enjoy considerable time savings to either develop according to the existing plan or modify to fit their own design specifications, as well as a huge development savings as Hillsborough County continues waste water service expansion through Phase 3 of the Palm River S2S Project scheduled for Fall of 2026. Sitting just minutes from Downtown Tampa, Ybor City, and Brandon markets via the Selmon Expressway, this site offers an outstanding opportunity to build and provide much needed workforce housing for growing Tampa Bay MSA needs. Disclaimer: All references to potential development are based upon Future Land Use in the municipal development code. Brokers make no representations as to allowable use or development limits. Purchaser should consult professionals and the local municipality to determine property suitability. Located in Tampa near S. 50th Street and just south of the Selmon Expressway.
Lot/land
$1,799,900
5116 PALM RIVER ROAD, TAMPA, FL 33619
--beds
0baths
5.69Acres
Unimproved Land
Built in ----
5.69 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 265 days
- 112
- 4
Zillow last checked:
Listing updated:
Listed by:
Michael Braccia, PA 813-625-2375,
BAY STREET COMMERCIAL LLC 813-254-6756
Source: Stellar MLS,MLS#: TB8465241
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 5.69 Acres
- Dimensions: 124 x 270.4
Details
- Parcel number: U222919ZZZ00000149740.0
- Zoning: PD
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: UNPLATTED
HOA
- Has HOA: No
Location
- Region: Tampa
Financial & listing details
- Tax assessed value: $154,236
- Annual tax amount: $1,910
- Date on market: 1/15/2026
- Cumulative days on market: 266 days
- Ownership: Other
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Listed for sale | $1,799,900-10% |
Source: | ||
| 8/29/2023 | Listing removed | -- |
Source: | ||
| 5/5/2023 | Listed for sale | $1,999,000 |
Source: | ||
| 4/25/2023 | Listing removed | -- |
Source: | ||
| 7/8/2022 | Listed for sale | $1,999,000-26% |
Source: | ||
| 6/3/2022 | Listing removed | -- |
Source: | ||
| 4/24/2022 | Listed for sale | $2,700,000+86.2% |
Source: | ||
| 7/26/2021 | Listing removed | -- |
Source: | ||
| 5/4/2021 | Price change | $1,450,000+46.5% |
Source: | ||
| 1/31/2021 | Listed for sale | $990,000-20.8% |
Source: | ||
| 12/1/2020 | Listing removed | $1,250,000 |
Source: CHARLES RUTENBERG REALTY INC #T3245274 Report a problem | ||
| 6/3/2020 | Listed for sale | $1,250,000+7385% |
Source: CHARLES RUTENBERG REALTY INC #T3245274 Report a problem | ||
| 8/20/2015 | Sold | $16,700 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,161 +13.1% | $99,358 +10% |
| 2024 | $1,910 +5.1% | $90,325 +10% |
| 2023 | $1,817 +15.4% | $82,114 +10% |
| 2022 | $1,574 +15.8% | $74,649 +10% |
| 2021 | $1,359 +22.1% | $67,863 +10% |
| 2020 | $1,113 -1% | $61,694 |
| 2019 | $1,124 | $61,694 |
| 2018 | $1,124 -1.7% | $61,694 +8.1% |
| 2017 | $1,143 +6.9% | $57,067 +27.6% |
| 2016 | $1,070 +25.3% | $44,728 +187.6% |
| 2015 | $854 +208.3% | $15,550 +10% |
| 2014 | $277 | $14,136 |
| 2013 | $277 -46.4% | $14,136 |
| 2012 | $517 -12.3% | $14,136 -20% |
| 2011 | $589 +0.4% | $17,670 |
| 2010 | $587 -26.2% | $17,670 -37.5% |
| 2009 | $795 -47.1% | $28,272 -55.6% |
| 2008 | $1,503 -63% | $63,612 -66.9% |
| 2007 | $4,062 +3.9% | $191,961 +13.6% |
| 2006 | $3,910 +20.8% | $169,024 +26.2% |
| 2005 | $3,237 | $133,952 +13.3% |
| 2004 | -- | $118,255 +62.3% |
| 2003 | -- | $72,856 +2.4% |
| 2002 | -- | $71,148 +1.6% |
| 2001 | -- | $70,028 -10.3% |
| 2000 | $1,209 | $78,032 |
Find assessor info on the county website




